RE:RE:RE:RE:RE:RE:ONLY public company endorsed byChina’s Ministry of Education
.....CHN ain't a seasonal company. In the report you showed us, the company is talking about seasonal factor, not about revenues, but about the goodwill impairment of $2,2 millions incurred in Q4 2013. They also mentioned that no such goodwill impairment was incurred in 2014. Like I previously said, 2012 and 2013 were really bad years for CHN. They're on the right track for 2015. Losses were: 2012: $1,4M, 2013: $2,8M, 2014: $790K. So, with revenues of $3,4 millions in Q1 2015 instead of $2,5 millions in 2014, plus Q2 always showing the biggest revenues year after year, I don't see why it would be such a bad investment at 0.05. I would also mentioned that if you had done some serious DD instead of half an hour DD, you would have notice something really important that has change with CHN. The Q4 revenues are lower than the 3 other Quarters, that's a fact. But in 2012, they were $300K, in 2013: 200K and in 2014: $1,7M, an increase of over 600% from the average of the 2 previous years. CHN is becoming a yearly company and instead of bashing a company that you only checked the surface, you should invest in UMEWF.....